SINGAPORE – On 8 August 2018, Olife hosted its introductory launch event, “Olife Connect” at the Golden Village theatres in VivoCity, Singapore. Olife is a blockchain 4.0 unified blockchain commerce application with an open-source cryptographic token, OLIFE. Olife has also launched its Early Adopter Partner Program (EAPP), which saw more than 40 merchants joining the Olife ecosystem and community as early adopters. These early adopters have an estimated total realizable revenue of USD $400 million.
Olife’s Chief Commercial Officer Giulio Dorrucci launched the event with an introduction to Olife and the blockchain technology that powers the application, as well as its multiple functions. He noted, “Olife aims to integrate the existing digital commerce environment with decentralised blockchain technology so as to better serve consumers in the areas of payment, communication and networking.” Following Dorrucci’s speech, Olife’s Chief PR Officer, Eugene Chen, spoke to guests about the brand’s vision to serve various industries as a general-purpose cryptocurrency within the digital ecosystem for both B2B and B2C transactions.
The event also featured a guest panel discussion on issues in the cryptosphere. The panel included notable speakers such as: Jeremy Khoo, CEO of iFashion; Alfred Chia, Partner at Squire Patton Boggs and Olife’s legal advisor; Anthony Koh, co-founder and CEO of MC Payment; and Latif Sim, Chief Information Officer and founding team member at Global Crypto Offering Exchange.
The session delved into the applicability and disruption potential of blockchain across a vast array of industries, the democratization and decentralization of ownership with blockchain and particularly, the regional impact of blockchain in Asia.
Local Mediacorp celebrity, Edmund Chen, was also present at the event to offer his support to the Olife vision. This common goal was succinctly expressed by Olife’s Chief PR Officer, Eugene Chen, who communicated to guests that “Olife is the new unity in the face of diversity – it encompasses all of your daily needs into one app, for your convenience.”
After the panel discussion, the Olife team held an official signing ceremony for their EAPP and gifted them with an Olife coin and hardware wallet. Oilfe’s EAPP spans over 40 retail and commerce merchants, such as Hovono, Asia Box Office, AppLabx and the Muse group.
The Olife C-Suite team, Advisory Board, and Management Team sounded the gong to officiate their listing on NCX Singapore, a cryptocurrency trading exchange. The event concluded with a networking session for EAPP merchants, key opinion leaders in the blockchain space and Olife partners.